## **Words of Life Ministries (CIO) Income and Expenditure Account For the year ending 30 September 2024** |**General**
**fund**
**Projects**
**£**
**£**
**Income**
Gifts and donations
18,129
23,435
Tax recovered
1,715
2,714
Bank Interest
81
TOTAL
**19,925**
**26,148**
**Expenditure**
Ministry expenses
13,935
Motor expenses
2,879
Travel expenses
3,153
5,220
Postage and freight
3,468
Telephone and email
1,089
Printing
2,333
Stationery
323
Website and computer costs
1,329
Heat & light
200
Professional fees
1,860
Trustees' meetings
270
Bank charges
292
Other expenses
155
Projects
2,905
14,715
Exchange differences
1,451
**TOTAL**
**34,192**
**21,387**
Excess/- deficit of income over
expenditure
-14,266
4,762
Transfers to /- from Restriced fund
Opening balance
35,246
0
**Closing balance**
**£20,980**
**£4,762**|**General Fund**
**Projects**
**£**
**£**
21,677
21,820
1,641
805
366
**23,684**
**22,625**
13,173
2,395
10,497
3,261
784
680
367
594
200
840
251
554
807
6,045
23,237
1,224
**40,448**
**24,461**
-£16,764
-£1,836
-190
190
52,200
£1,646
£35,246
£0
**Year to 30 September 2023**| |---|---|